2275 Tamarack St, Lake Odessa, MI, 48849 | $297/mo Cash Flow

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Lake Odessa at 2275 Tamarack St, Lake Odessa, MI, 48849 uses $48,068 cash to close to unlock $3,560/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $1,274/mo, and a $710/mo payment keeps the spread at $297/mo. Purchase price stands at $145,000, and rental yield measures 10.54% with $1,274/mo rent. Return on cash invested shows 27.32% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 143.34% and total cumulative return in cash records $68,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,274/mo property income covering a $710/mo payment rather than investor’s personal income.

Manufactured

Built in 1966

0.44 Acres lot

$N/A/sqft

$250 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48849, Lake Odessa, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,598 (100%)
Owner Occupied HU	2,010 (77.4%)
Renter Occupied HU	347 (13.4%)
Vacant Housing Units	241 ( 9.3%)
Median Home Value	$237,500
Average Home Value	$271,979